Kauno Energija - Notification on material event

AB Kauno Energija acquired the shares of UAB Petrašiūnų Katilinė

In pursuance of the decision of the Management Board of AB Kauno Energija of
June 16, 2016 No. 2016-12-5 “Regarding acquisition of the shares of UAB
Petrašiūnų Katilinė and approval of the project of purchase – selling
agreement”, AB Kauno Energija and UAB E energija signed an agreement on June
23, 2016 on acquisition of the shares of UAB Petrašiūnų Katilinė. 

Shares acquisition transaction is being considered accomplished on October 27,
2016 after clearance of merger that has been made by the Competition Council of
the Republic of Lithuania on October 10, 2016 by which AB Kauno Energija
acquired 100 per cent of UAB Petrašiūnų Katilinė. 

UAB Petrašiūnų Katilinė operates 19.2 MW capacity biofuel burned boiler-house,
situated in R. Kalantos str. 49, Kaunas. The final price of 100 per cent of the
shares is EUR 1,894 thousand (one million eight hundred ninety four thousand
euros). 


         Loreta Miliauskienė, Head of the Economics and Planning Department,
tel. +370 37 305 855